DO NOT SOLVE! CHOOSE ANY TWO of the following problems and determine: i) the Optimization Function AND ii) the Boundary Interval: a) An ice cream truck sells 500 ice cream cones per week at a price of $1.20 each. For every $0.10 decrease in price, the number sold per week increases by 20. It costs $0.50 to make each ice cream cone and $100 per week to rent the truck. Determine the price that will maximize the profit.

DO NOT SOLVE! CHOOSE ANY TWO of the following problems and determine: i) the Optimization Function AND ii) the Boundary Interval: a) An ice cream truck sells 500 ice cream cones per week at a price of $1.20 each. For every $0.10 decrease in price, the number sold per week increases by 20. It costs $0.50 to make each ice cream cone and $100 per week to rent the truck. Determine the price that will maximize the profit.

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CR: Review Problem Set

Problem 50CR

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Similar questions

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